Russia: gold output up in January 2017

In January Russia increase gold ingot output by 5.7% YoY.

According to Rosstat, the January results exceed the December 2016 by 42.5%. (Ukrainian metal)

CIS: pig iron output up in January 2017

In January CIS-countries produced 6.855 million tons of pig iron, up by 5.6% YoY, against 6.753 million tons in December 2016.

In particular, Kazakhstan produced 345 thousand tons of pig iron, up by 16.2% YoY, Ukraine – 2030 thousand tons, up by 5.7%, and Russia – 4480 thousand tons, up by 4.8% YoY. (Ukrainian metal)

Ukraine: VostGOK buys transportation services

The state enterprise Vostochniy Mining and Processing Works has ordered Vento Group LLC the transportation services valued at 1.7 million UAH. By the end of January 2018 the company will have transported 39 railroad cars with uranium concentrate at 43590 UAH from the Zheltye Vody-2 station of the Pridneprovskaya railways to the station Tomsk-2 of…

Russia: Ust-Kamenogorsk Titanium and Magnesium Works replaces machinery

Within the reconstruction of the power system at the Ust-Kamenogorsk Titanium and Magnesium Works, the SVEL Group, one of the major Russian manufacturers of electrotechnical equipment, has replaced the outdated machinery with its newest reactors. The RTST-10-1600-0.4 UZ reactors have been shipped to the customer and will be put into operation in March. According to…

Ukraine: coal market monopolized by Akhmetov

The minister of energy and coal industry Igor Nasalik has confirmed the existence of the monopoly on the coal market. “State mines occupy 18-20% of the market, but we will increase their share. 80% is on behalf of Rinat Akhmetov’s DTEK”, he said. “So, the monopoly is quite obvious”. Earlier the previous energy minister Vladimir…

Ukraine: TPPs have no coal stocks

Ukraine did not create the state coal reserves, as there were no problems with coal delivery prior to Donbass blockade, while the price of imported coal was much higher than that of the local coal. To diversify coal deliveries the minister of energy and coal industry Igor Nasalik suggests returning the so-called coal component of…